2-bedroom bungalow · BN15 8RY
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two/three bedroom semi detached bungalow located close to Lancing Beach and opposite Brooklands Park and Lake.
Briefly the accommodation comprises: Entrance hall, living room, kitchen, conservatory, two double bedrooms and a further dining room or bedroom three.
Externally there are well maintained front and rear gardens, a garage and driveway with off road parking for multiple vehicles. EPC Rating: C Entrance Hall Radiator. Access to loft via hatch.
Built in storage cupboard housing electrical consumer unit and shelving. Living Room (3.58m x 3.48m) Double glazed bay window to front. Radiator.
Dining Room/Bedroom Three (3.25m x 2.21m) Double glazed window. Radiator.
Kitchen (3.71m x 2.79m) Roll edge work surface having inset single draining stainless steel sink with mixer tap and draining board. Four rink freestanding cooker with extractor cooker hood over.
Space and plumbing for washing machine. Space for tall fridge/ freezer. Matching range of cupboards, drawers and eye level wall units. Integrated uncounted fridge. Space and plumbing for dishwasher.
Double glazed window to side. Double glazed door to conservatory. Conservatory (8.10m x 2.77m) Double glazed windows. Double glazed French doors to rear garden. Perspex roof.
Space for condensing tumble dryer and further freezer space. Two radiators. Bedroom One (3.58m x 3.53m) Double glazed bay window to front. Radiator.
Bedroom Two (3.58m x 3.28m) Double glazed window with door to conservatory. Radiator. Bathroom/wc White suite comprising the panelled bath with mixer tap. Wall mounted electric ‘Triton’ shower unit.
Vanity unit with wash hand basin and mixer tap, cupboard below and concealed cistern wc. Ladder style towel radiator. Double glazed window. Tiled walls.
Rear Garden Paved patio area with the majority being laid to lawn. Six foot fence surround. Borders of matures plants and bushes. Further shingled patio area to the rear of the garden.
Access to front via side gate. Garage Power and lights. Double opening doors to front. Personal door to rear garden. Front Garden Borders of bushes to front with the rest being laid to lawn.
Driveway Hardstanding surface with parking for around three vehicles.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 2, The Triangle, Lancing
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